Ayush bought a bicycle for Rs. 6250 and had to sell it for Rs. 5875. Find his loss and loss per cent.

Answer

To solve the problem step by step, we will first find the loss incurred by Ayush and then calculate the loss percentage.

### Step 1: Identify the Cost Price and Selling Price
- **Cost Price (CP)** = Rs. 6250
- **Selling Price (SP)** = Rs. 5875

### Step 2: Calculate the Loss
The formula for loss is:
\[ \text{Loss} = \text{Cost Price} - \text{Selling Price} \]

Substituting the values:
\[ \text{Loss} = 6250 - 5875 \]

Now, perform the subtraction:
\[ \text{Loss} = 375 \]

### Step 3: Calculate the Loss Percentage
The formula for loss percentage is:
\[ \text{Loss Percentage} = \left( \frac{\text{Loss}}{\text{Cost Price}} \right) \times 100 \]

Substituting the values:
\[ \text{Loss Percentage} = \left( \frac{375}{6250} \right) \times 100 \]

Now, perform the division:
\[ \frac{375}{6250} = 0.06 \]

Now, multiply by 100 to get the percentage:
\[ \text{Loss Percentage} = 0.06 \times 100 = 6\% \]

### Final Answer
- **Loss** = Rs. 375
- **Loss Percentage** = 6%

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